Austin Lands 24-Acre Deal, Industrial Hotspot Grows
ALTO Real Estate Funds Acquisition Boosts Austin Industrial Market ALTO Real Estate Funds has significantly bolstered the Austin industrial sector with a pivotal acquisition. They have closed on a strategic 24-acre site in the thriving Pflugerville submarket. Located at Cameron Road and SH-130, this acquisition highlights a key investment in Northeast Austin's logistics sector. The site is known for its proximity to the expanding Tesla Giga Texas factory. ALTO Real Estate Funds focuses on high-growth and top-performing markets, which makes this acquisition particularly valuable for their portfolio. This site offers compelling advantages for logistics innovation. ALTO plans to erect two industrial buildings totaling 252,000 square feet. These buildings will cater specifically to cutting-edge logistics needs. They will feature 32-foot clear heights and expansive truck courts necessary for efficient warehousing operations. This development aligns with ALTO's strategy to enter hig...